The International Regulatory Panel of Trade has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +19842550598 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: intl-rpt.org.
After spending for about five months trying to make The International Regulatory Panel of Trade work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Full transparency|Real-time alerts|Segregated accounts|Reliable uptime
Cons: Account statements could be more detailed|Inactivity fee applies after 12 months
I had a dispute with The International Regulatory Panel of Trade and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Intuitive for beginners|Multi-currency support
Cons: Could offer more webinars
I referred a friend to The International Regulatory Panel of Trade through word of mouth in my investment club. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Wide product range|Multiple order types|Automated trading options
Cons: Some tools only available on higher tiers
After using The International Regulatory Panel of Trade since I retired last year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Detailed reporting|Easy to use platform|API access
Cons: Email notifications too frequent|No fractional shares
My withdrawal from The International Regulatory Panel of Trade was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about three months of being strung along.
Pros: Two-factor authentication|Customizable dashboard
Cons: Search feature is basic|Account statements could be more detailed
I gave The International Regulatory Panel of Trade a fair chance. After since the beginning of the year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Easy withdrawals|Social trading features|Good analytical tools|Multi-currency support
Cons: Desktop app not available on Linux|Alert system is basic
KYC with The International Regulatory Panel of Trade is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Copy trading available|Competitive fees
Cons: Spreads widen during volatile periods|Wait times can be long during peak hours
The hidden fees at The International Regulatory Panel of Trade are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Multiple order types|High security standards|Wide product range
Cons: No fractional shares
If you are reading this considering The International Regulatory Panel of Trade - run. I wish I had read more negative reviews after reading several online reviews. I thought the positive ones were real. Maybe some are. My experience over for roughly four months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Great customer service|Demo account available
Cons: Live chat only during business hours|Limited social trading features